HYPE back to $58 this month?HYPE / TetherUS PERPETUAL CONTRACTBINANCE:HYPEUSDT.PMax_Trader_IQRight now, HYPE is trading at the $73.7 resistance level, trying to break through a major order block between $72.06 and $74.54, where a large amount of sell orders from the previous move is located. Many people are expecting a pullback now, but so far, the CMF indicator, which shows capital inflow, is moving in harmony with the price. This means the current move is being supported by liquidity inflow and growing interest. However, the gap at $70.64–$59.51 can’t be ignored. If price fails to hold above $73.7, it may start moving down toward the gap, opening the way to $67, which is the last level before a major drop toward $59. Right now, it’s definitely too late to long HYPE, but it’s one of the most interesting coins to short. For now, it’s growing while the narrative is still active, but once the next crypto market dump starts, all narratives get forgotten very quickly. I’ll be watching for shorts from the $71.5 zone and below.